The IAG International Airlines Group has reportedly settled on using Iberia Express (I2, Madrid Barajas) for its longhaul budget carrier project due this summer.

Referencing unspecified sources, Spanish aviation news portal Fly News said the airline conglomerate's finalised study proposed equipping the LCC with two A330s leased from parent Iberia (IB, Madrid Barajas). Flight crews would be sourced from Iberia with cabin crew provided by Iberia Express.

The aircraft would then be based out of Barcelona El Prat for long haul budget flights to tentative destinations listed as Los Angeles Int'l, San Francisco, CA, Buenos Aires Ezeiza, Santiago de Chile Int'l, Havana Int'l, and Tokyo Narita. Service is expected to begin in June, as originally stated.

The IAG said in a statement that no firm decision had yet been taken on the project.

Iberia Express currently operates nineteen A320-200s and three A321-200s on budget flights throughout Spain as well as to Germany, the Netherlands, France, Ireland, Italy, the United Kingdom, Norway, Denmark, Romania, Poland, Greece, and Iceland.